SoftTech Engineers wins CivitBUILD order from SCON Projects

SoftTech Engineers Limited announced on May 25, 2026, that SCON Projects Pvt. Ltd., a pan-India industrial construction and EPC company, has selected CivitBUILD to manage its end-to-end project operations. The platform will serve as an integrated solution covering various aspects of the construction lifecycle.

Implementation Scope

The implementation of CivitBUILD spans a comprehensive suite of management modules. These include Tender Management, Project Management, Material Management, Finance Management, Logistics Management, Labor Management, Sales Management, and Production Management.

About SCON Projects

SCON Projects is an established entity in the industrial construction sector with over 18 years of experience. The company delivers EPC, Civil/PEB, MEP, and HVAC projects for clients such as Tata Chemicals, KSB Pumps, and Indocount Industries. Its operations span multiple states, including Maharashtra, Gujarat, Telangana, and Karnataka. The organization holds ISO certifications in Quality, Safety, and Environmental Management.

About CivitBUILD

CivitBUILD is a cloud-based construction ERP designed for developers, general contractors, and turnkey firms. It covers the full project lifecycle, including planning, procurement, finance, workforce, and analytics. The platform has demonstrated the ability to deliver up to 40% improvement in project delivery time and a 20% cost reduction for clients.

Feature	Benefit
AI-powered ERP	End-to-end project management
Cloud-based	Accessible planning and analytics
Integrated Modules	Covers tender to production
Efficiency	Up to 40% faster delivery

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.65%	+5.72%	+30.59%	+23.56%	+13.55%	+380.71%

SoftTech Engineers Limited has filed disclosures with BSE Limited and the National Stock Exchange of India Limited under Regulation 29 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filings, submitted on May 11, 2026, pertain to a substantial change in shareholding that occurred on May 7, 2026, involving two entities — Fedex Finance Private Limited as the acquirer and Elimath Advisors Private Limited as the seller.

Fedex Finance Acquires Significant Stake

Fedex Finance Private Limited, a non-promoter entity, acquired 22,46,998 equity shares of SoftTech Engineers Limited through an open market purchase on May 7, 2026. Prior to this transaction, Fedex Finance held no shares in the company. The acquisition was disclosed under Regulation 29(1) of the SEBI Takeover Regulations. The equity shares acquired carry a face value of Rs. 10 each.

The key details of Fedex Finance's acquisition are summarised below:

Parameter:	Details
Acquirer:	Fedex Finance Private Limited
Acquirer Category:	Non-Promoter
Shares Acquired:	22,46,998 equity shares
% of Total Share/Voting Capital:	16.23%
% of Total Diluted Share/Voting Capital:	16.23%
Mode of Acquisition:	Open market purchase
Date of Acquisition:	May 7, 2026
Pre-Acquisition Holding:	NIL
Post-Acquisition Holding:	22,46,998 shares (16.23%)

Elimath Advisors Exits Entire Holding

Elimath Advisors Private Limited, owned by Mathew Cyriac, disclosed the disposal of its entire shareholding in SoftTech Engineers Limited under Regulation 29(2) of the SEBI Takeover Regulations. The entity sold 22,46,998 equity shares, representing 16.23% of the total share and voting capital, through an open market sale on May 7, 2026. Following the transaction, Elimath Advisors holds zero shares in the company.

The key details of Elimath Advisors' disposal are summarised below:

Parameter:	Details
Seller:	Elimath Advisors Private Limited
Seller Category:	Non-Promoter
Shares Sold:	22,46,998 equity shares
% of Total Share/Voting Capital:	16.23%
% of Total Diluted Share/Voting Capital:	16.23%
Mode of Sale:	Open market sale
Date of Sale:	May 7, 2026
Pre-Sale Holding:	22,46,998 shares (16.23%)
Post-Sale Holding:	0 shares (0%)

Share Capital of SoftTech Engineers Remains Unchanged

The total equity share capital and voting capital of SoftTech Engineers Limited remains unchanged before and after both transactions. The company's share capital structure is as follows:

Parameter:	Details
Total Equity Share Capital:	Rs. 13,84,21,380/-
Total Number of Equity Shares:	1,38,42,138 shares
Face Value per Share:	Rs. 10/-
Total Diluted Share/Voting Capital:	1,38,42,138 equity shares amounting to Rs. 13,84,21,380/-

The disclosures were submitted to the stock exchanges by Vijay Gupta, Managing Director & CEO of SoftTech Engineers Limited, on May 11, 2026. The Regulation 29(1) disclosure on behalf of Fedex Finance Private Limited was signed by Gautham Madhavan, Director, while the Regulation 29(2) disclosure on behalf of Elimath Advisors Private Limited was signed by Matthew Cyriac, Director.